Export under lut
This query is : Open
Rajendra Hegde
(Querist)
23 November 2018
Dear Sir,
I procured goods from a inter state registered supplier at concessional rate of tax @0.1% for export. Now my question is that can i export the same goods under my lut without payment tax then take credit ITC @0.1% without claim refund?
I procured goods from a inter state registered supplier at concessional rate of tax @0.1% for export. Now my question is that can i export the same goods under my lut without payment tax then take credit ITC @0.1% without claim refund?
CA Tarun Jagdish
(Expert)
24 November 2018
yes you can
CA Tarun Jagdish
(Expert)
24 November 2018
you have to File RFD 01 .. for getting refund of excess input..
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